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Example of a Benchmarking Dashboard for Manufacturing Companies

What is a Benchmarking Dashboard?

Benchmarking dashboards are considered competitive comparison tools and are used by CFOs and Executives to analyze internal KPIs against those of the manufacturing industry. Some of the main functionality in this type of dashboard is that it enables the user to select which companies (including the industry average) and year to use in the analysis, and then it will provide graphical comparison. The dashboard includes quarterly data for: 1) EBITDA, 2) Gross Margin, 3) Profit Margin, and 4) Revenue Growth. You find an example of this type of dashboard below.

Purpose of Benchmarking Dashboards

Manufacturing companies use Benchmarking Dashboards to make executives aware of- and accountable for the company’s performance in comparison to other businesses and the industry average. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, an organization can improve and speed up its strategies, and it can reduce the chances that the company falls behind competition because it is only measuring itself against internal targets.

Example of a Benchmarking Dashboard

Here is an example of a Dashboard that benchmarks your own KPIs against selected companies and the industry average.

Example of a Benchmarking Dashboard for Manufacturing Companies

Example of a Benchmarking Dashboard for Manufacturing Companies

You can find hundreds of additional examples here

Who Uses This Type of Dashboard?

The typical users of this type of dashboard are: Board members, executives, CFOs, analysts.

Other Reports Often Used in Conjunction with Benchmarking Dashboards

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Benchmarking Dashboards, along with profit & loss reports, balance sheets, cash flow statements, KPI dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Customer Segmentation and Analysis Report Example

What is a Customer Segmentation and Analysis Report?

Customer segmentation reports are considered essential tactical analysis tools and are often used by managers to optimize products, services, sales and marketing strategies. Some of the key functionality in this type of dashboard report is that it simplifies analysis by combining charts with metrics. The top of the report shows customer count by industry both as figures and as a ranked chart. The second visualization shows a ranked list of countries where customers are located. The bottom of the report (not visible in the screenshot below) lists all the individual transactions for use in drill-down analysis. The report can be filtered by parameters such as customer type and date range. You find an example of this type of dashboard report below.

Purpose of Customer Segmentation Analysis Reports

Companies and organizations use customer segmentation analysis reports to optimize the corporate decisions that is derived from deep customer analysis. When used as part of good business practices, a company can improve its competitiveness as well as reduce the chances that important decisions are not grounded in a deep understanding of existing customer segmentation.

Customer Segmentation Analysis Report Example

Here is an example of a Customer Segmentation Analysis report example.

Customer Segmentation and Analysis Report Example

Customer Segmentation and Analysis Report Example

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Product and R&D managers, sales managers, marketing managers.

Other Dashboard reports Often Used in Conjunction with Customer segmentation analysis reports

Progressive management teams sometimes use several different customer segmentation analysis reports, along with customer dashboards, sales reports, financial statements and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

The blog article is the second entry in the series about using Corporate Performance Management (CPM) for digital transformation.
Read more

The blog article is the first part in using Corporate Performance Management (CPM) for digital transformation. Read more